´óÏó´«Ã½

The plastic materials company Teknor Apex announced its acquisition of the bioplastics company Danimer Scientific. Headquartered in Bainbridge, Georgia, Danimer operates two facilities with over 200,000 total square feet of laboratories, manufacturing facilities and testing space.

Danimer’s biopolymers have been used to create biodegradable and compostable plastic products for more than a decade. Applications have included additives, aqueous coatings, fibers, films, hot-melt adhesives and injection-molded articles for single-use products. The company holds more than 480 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations. Danimer will continue to operate as a separate, dedicated entity under its own name and team.

“Danimer’s patented fermentation-based biopolymer manufacturing process enhances our product portfolio, allowing us to leverage opportunities in new markets with new end-market applications,” says Don Wiseman, Teknor Apex CEO. “The company’s expertise in biopolymer resins, such as polyhydroxyalkanoates (PHAs) and polylactic acid (PLA), as well as its custom formulation know-how, make it a valuable partner in our mission to advance environmentally responsible alternatives to conventional polymers.”

The acquisition will accelerate the delivery of a diverse portfolio of sustainable solutions, including recycled content, bio-based materials, and climate-positive additives, according to Teknor Apex. The strategic move is expected to help the company enable its customers to achieve sustainability goals. 

“This partnership opens exciting doors to accelerate our R&D, scale our operations, and reach new customers and markets, while staying true to our core mission: replacing traditional plastics with materials the planet can embrace,” says Phil Van Trump, chief science and technology officer at Danimer. “With the backing of Teknor Apex, we gain new resources, stability, and strategic support to grow and thrive, allowing us to continue our work to reduce plastic pollution, enable circularity and power the next generation of sustainable products.”